Hammering
Hammering is a type of striking force that uses a hammer to exert a powerful impact on a surface. It is a common task in construction, demolition, and many other industries. The hammer is a simple tool that consists of a head, a handle, and a fulcrum. Types of Hammers: Claw Hammer: This hammer has […]
Pradhan Mantri Awas Yojana (Pmay)
Pradhan Mantri Awas Yojana (PMAY) is a flagship affordable housing scheme launched by the Indian government on June 25, 2015, under the Pradhan Mantri Awas Yojana Scheme (PMAY). The scheme aims to provide affordable housing for the poor and homeless. Key Features of PMAY: Affordable Housing: Provides affordable housing at an cost of Rs. 1 […]
Business Model
A business model is a framework that describes how a company creates, delivers, and captures value for its customers. It includes the company’s value proposition, customer relationships, key activities, key resources, and revenue model. Key elements of a business model: Value proposition: How the company creates value for its customers. Customer relationships: How the company […]
Waterfall Model
Waterfall Model The waterfall model is a linear project management methodology that follows a sequential, step-by-step approach to software development. It is a popular model for traditional, linear software development projects. Key Phases of the Waterfall Model: 1. Planning:– Defining project scope, objectives, and requirements.- Creating a project plan and timeline.- Identifying stakeholders and roles. […]
Duty Of Care
Duty of Care The duty of care is a legal obligation of a party to act with reasonable care, in a way that prevents harm to others. It is a key concept in law that applies in various situations, including negligence, product liability, and tort law. Elements of Duty of Care: 1. Duty Exists:– The […]
Investment
Definition: Investment is the process of allocating funds, assets, or resources with the expectation of generating a return or profit in the future. It involves the commitment of capital to a long-term project or asset with the goal of increasing its value or generating income. Types of Investments: Equity investments: Include stocks and mutual funds […]
Insurance Bond
Definition: An insurance bond is a type of surety bond that guarantees the timely payment of insurance claims to policyholders. It is typically required by law or contract for certain businesses or individuals to obtain. Key Features: Principal: The insured party, who is the main subject of the bond. Suretie: The insurance company that issues […]
Factor Market
The factor market is the market for factors of production, which are the inputs used in the production of goods and services. The main factors of production are land, labor, capital, and entrepreneurship. Land Land is a natural resource used to produce goods and services. It includes factors such as fertile soil, minerals, water, and […]
Cost Of Funds
Cost of Funds The cost of funds is a fundamental concept in finance that refers to the cost of borrowing money or the rate of return required on an investment. It is a key factor in determining the overall cost of a project, investment, or loan. Factors Affecting Cost of Funds: Interest Rate: The prevailing […]
Big Data
Big Data Big data refers to the vast and rapidly growing datasets that are so large and complex that traditional data processing methods are inadequate to handle and analyze. These datasets often include structured, semi-structured, and unstructured data from various sources, such as social media, sensors, and logs. Key Characteristics of Big Data: Volume: Enormous […]
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